1882-S $20 MS(PCGS#8998)

August 2023 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

1392

等级

MS62

价格

27,962

详细说明

1882-S Liberty Head Double Eagle. MS-62 (PCGS). An attractively original and nicely preserved example of this popular type issue among 1880s San Francisco Mint double eagle issues. Vivid color throughout, the surfaces also possess appealing mint luster and a razor sharp strike. The San Francisco Mint coined 1,125,000 double eagles in 1882, attesting to the fact that the demand for gold coins on the West Coast continued to be robust. Large numbers entered into the channels of commerce where they circulated until they were well worn; others were used in overseas trade. Back in 1982 David W. Akers regarded the true Uncirculated examples of the issue as "definitely scarce" and accounted for auction appearances of Mint State examples in scarcely more than 5% of the major auction sales he examined in his research. By 2004, when Q. David Bowers wrote his Guide Book of Double Eagle Gold Coins, the situation had changed, and Mint State examples were estimated to be in the hundreds rather than dozens. Current high-end estimates put the Uncirculated population well in excess of 1,000 pieces, and MS-60 examples command prices close to the "type" level. Above the level represented here, however, the 1882-S is anything but a "type" coin; in fact, it is a significant condition rarity that is seldom encountered in today's market. Given the rarity of Choice examples, the bidding opportunity represented by our offering of this PQ MS-62 from the Fairmont Collection should not be overlooked. Provenance: From the Fairmont Collection - Rhone Set. PCGS# 8998. NGC ID: 26BG. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.